Paige Finn DohertyFounding Partner, Behind Genius · Founding Partner at Behind Genius Ventures

who are Cindy Bi's super angel LPs?

18 Aug 2022 · 1 min

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In this interview excerpt, Speaker A highlights the prominent limited partners (LPs) backing Cindy Bi’s fund, naming Marc Andreessen, Chris Dixon, and David Sacks—each described as super angels with multiple unicorn investments and connections to major tech founders. Speaker A notes that these LPs include GPs from multibillion‑dollar funds and founders from companies like Square, Stripe, and Twitter, suggesting strong confidence in Cindy Bi’s investment style. The conversation then shifts to Cindy Bi’s fundraising approach, with Speaker B explaining that her fund operates as a rolling fund, allowing public discussion of its progress and leveraging her prior track record to attract capital, though outcomes can be unpredictable due to timing and synchronicity.

Chapters

And notable LPs of yours, for context for our listeners, include Marc Andreessen and Chris Dixon, as well as David Sacks. Super angels with multiple unicorns in their portfolios, GPs at multibillion-dollar funds, breakout winner portfolio founders, which I think is my favorite. I feel like that's a really strong sign of confidence in your investing style, and founders that you've invested in have also invested in your fund, and as well as founding executive members at Square, Stripe, Twitter, and other tech companies. So I'm curious if you could talk a little bit more about what your fundraising process looks like. It sounds like there's some synchronicity involved and you can't always plan what the outcomes are, but I'm curious how you think about your fundraising process overall.
Because my fund was a rolling fund, so I could publicly talk about it. And again, because of the timing, and also I did have some track record from previous